The significant increase in sales can mainly be attributed to the strong demand due to the sales tax exemption deadline of 30 June 2022. “There was a significant rush in vehicle booking especially when the government extended the registration period to 31 March 2023 and we thank Malaysians for choosing Perodua as their brand of choice,” Perodua President and Chief Executive Officer Dato’ Zainal Abidin Ahmad said.
“Speaking of the sales tax exemption; on the last day of the initiative, Perodua saw the highest single booking day on 30 June 2022 with 25,100 vehicles orders taken,” he said. “This is unprecedented and a testament to the growth potential of Malaysia’s automotive industry given the right incentive.”
“We sincerely thank the government for extending the delivery deadline to 31 March 2023 as we needed that grace period to meet the demand so far,” Dato’ Zainal said.
Besides the sales tax exemption initiative, another key factor contributing to this sales performance was the relatively low registration of vehicles in June 2021 due to the second lockdown to reduce COVID-19 infection cases. In comparison, Perodua only registered 1,009 vehicles in June 2021, while in June 2022, it was 21,164 vehicles. On a month-to-month comparison, Perodua’s sales increased by 10.7% compared to the 18,901 vehicles registered in May 2022.
Dato’ Zainal further added that the increase in registration in June 2022 was also due to improvement in the parts supply situation compared to the month of May. However, he also noted that issues such as skilled labour and parts shortages are still present and asked for understanding from customers in terms of delivery. “We sincerely apologise for the long wait and are doing everything in our power to further improve production for the benefit of our customers,” he said.
Dato’ Zainal said the company is taking steps to address this, including working closely with its suppliers. In some cases, it is providing Perodua staff to work at the supplier’s premises to ensure that parts supply continues to flow. “That being said, we hope that the manpower issue can be resolved quickly as the impact to the industry and to some extent the country is significant,” he said. While on the parts shortage, continuous communication with its suppliers and partners are ongoing to find alternative components, he said. He said that despite these issues, Perodua is still maintaining its full year sales target of 247,800 units.
Keyword: Perodua Sees 30% Jump In Sales For First Half Of 2022